Gold in Them Thar Hills

 My latest MoneyandMarkets.com column, “Gold in the Clouds,” is up.  It’s about the Pikes Peak Gold Rush.

Flash forward to today, and there is some interesting news …

The World Gold Council reported that demand for gold rose 7% to 736 metric tons in the second quarter, compared with the first quarter.

Meanwhile, the Comex division of the NewYork Merc reports that gold bullishness (measured by open interest, or number of contracts) is down sharply. 

Does that sound maybe like people doing the wrong thing at the wrong time, as traders so often do?

Oh, and I also talked to Tom at HoweStreet.com.  You can listen to the webcast here.

1. Recent Thoughts on Gold First, I talked with Phil at HoweStreet.com yesterday about the longer-term outlook for gold … http://207.59.27.76/exchange/SBRODRICK/Inbox/Howestreet-46.EML?Cmd=open Also, I wrote...
2. Wild Days for the Dollar, Oil and Gold Last night, the US Senate passed the emergency bailout package, so the larded-up piece of legislation goes back to...
3. Dollar Chart and Global Economic Drama Here’s the chart you need to watch — currencies are driving everything. Is the US dollar going to correct...